For the most part, the past few years have been financially grim for the printing ink industry, as increasingly high raw material, operational and transportation costs have taken their toll on margins. According to the U.S.-based National Association of Printing Ink Manufacturers (NAPIM), the earnings before interest and taxes (EBIT) in 2006 was a paltry 1.9 percent. As poor as that is, that is more than double 2005’s dreadful 0.9 percent.      While we won’t know the 2007 results for quite a fe...